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All the Beauty M&A Deals of 2022

A list of all the beauty investments and acquisitions in 2022.

Updated Jan. 14

Beauty M&A in 2022 is already off to a hot start.

Procter & Gamble signed a deal to acquire Tula, a probiotic-focused skin care brand, from L Catterton for an undisclosed amount. It is the company’s third beauty acquisition in the past two months — P&G has also signed deals to buy Jen Atkin’s Ouai, and Farmacy.

Here is a list of all the beauty acquisitions and investments so far in 2022:


Procter & Gamble signed an agreement to buy Tula.

Galderma closed its previously announced acquisition of Alastin Skincare.

Advanced Dermatology and Cosmetic Surgery has acquired Fort Mill Dermatology, following its December acquisition of Englert Dermatology.

Il Makiage‘s parent company. Oddity, closed a $130 million funding round that values the company at $1.5 billion.

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Anjac Health a& Beauty has acquired Apollo Healthcare Corp., a Canadian personal care manufacturer that makes products for North American retailers and brands. The deal is meant to expand France-based Anjac’s international presence.

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Beirsdorf AG is investing in Dermanosotic, a start-up for digital dermatological appointments.

Anne Klein has signed a long-term licensing agreement with A.P. Deauville to launch a line of bath and body care products that will be carried at department stores, specialty retailers and sold online.

Feminine care brand Hazel has raised $2.5 million from H Ventures, BAM Ventures, Springdale Ventures, Entrepreneurs Roundtable Accelerator and other funds. Hazel has developed products for “leaks,” including adult incontinence, with High & Dry Briefs, Clean Slate Wipes and The Anti-Stick Stick. Cofounders Steven Cruz and Aubrey Hubbell have said they intend to approach incontinence products through the lens of fashion, rather than utility.

San Francisco Equity Partners-backed SV Labs has acquired Diversified Manufacturing Corp., a contract manufacturer of beauty and personal care products. SV Labs plans to use Diversified Manufacturing’s production facility and expertise in high-speed liquid filling to expand product offerings. Terms of the deal were not disclosed.


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